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Marta Gladis

Update on Marta Gladis

Marta seeks this new loan to invest in her business, to satisfy client demand since her products have sold out. For this reason she will buy meat, chicken, rice, pork rind and corn, to keep her business well stocked and with food available for her customers. She hopes to continue working with micro credit as she feels it will help her increase her sales and grow her business.
View original language description ↓
Marta, es solicitando un nuevo préstamo para invertirlo en el negocio, debido a la demanda de los clientes, sus productos se han agotado, por eso comprara carne, pollo, arroz, chicharrón y maíz, para el negocio, con estos materiales tendrá abastecido el negocio para seguir produciendo sus alimentos a los clientes.
Su interés por seguir trabajando con préstamos es porque considera que con este aporte lograra mejorar sus ingresos, y crecer en el negocio.

Previous Loan Details

Marta, 38 years old, lives in San Isidro, departament of Morazán. She has a small cafe where she sells pupusas, drinks and food. She lives alone, since her daughters have their own homes. The business has existed for 6 years. She works there from 6:00 a.m. to 2:00 p.m. She learned this business w... More from Marta Gladis's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About El Salvador

  • $4,900
    Average annual income
  • 458
    View loans »
    El Salvador Loans Fundraising
  • $23,123,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $225 helped Marta Gladis to buy meat, chicken, rice, pork rind and corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2012
Listed
Mar 10, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Marta Gladis. It was first posted on Kiva on Dec, 2010. Learn More